FINANCIAL EFFECTS OF THE ACQUISITION Upon the Completion, (i) Target Company, Cayman Subsidiary, BVI Subsidiary, HK Subsidiary A, HK Subsidiary B, PRC Subsidiary A, PRC Subsidiary B and PRC Subsidiary C will all become indirect wholly-owned subsidiaries of the Company; whereas (ii) the PRC Subsidiary D and PRC Subsidiary E will become indirect non-wholly owned subsidiaries of the Company as to 70%.
UK Subsidiary means a Subsidiary organized under the laws of England and Wales.
PRC Subsidiary means any Subsidiary of the Company organized under the Laws of the PRC.
Subsidiary body means every internal organizational structure or body established in this Constitution other than the Convention and its Committees, the Executive Board and its Committees, and the Executive Committee.
Subsidiary Bank means any Subsidiary which is a Bank.
PRC Subsidiaries means all Company Subsidiaries organized under the Laws of the PRC.
Principal Subsidiary Bank means any Subsidiary which is a Bank and has total assets equal to 30 percent or more of the consolidated assets of the Company determined as of the date of the most recent audited financial statements of such entities.
Domestic Company means a company incorporated or organized under the laws of this
Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.
Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any province or territory thereof.
Canadian Subsidiaries means the Subsidiaries organized under the laws of Canada or any province, territory or other political subdivision thereof.
JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.
HK Company shall have the meaning ascribed to it in the preamble of this Agreement.
ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.
Bank Subsidiary means the subsidiary or subsidiaries of the Bank which may from time to time be specified by the Bank to the Customer;
IDI Subsidiary means any Issuer Subsidiary that is an insured depository institution.
Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.
Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.
Subsidiary Board means the board of trustees of a subsidiary corporation.
Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.
Foreign Restricted Subsidiary means any Restricted Subsidiary which is not organized under the laws of the United States of America or any State thereof or the District of Columbia.
Domestic entity means an entity whose internal affairs are governed by the law of this state.
Domestic Foreign Holding Company means any Domestic Subsidiary that is a disregarded entity for U.S. federal income tax purposes with no material assets other than Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries and other assets incidental thereto.
Subsidiary Entity means a person that is controlled directly or indirectly by another person and includes a subsidiary of that subsidiary;
Borrowing Subsidiary means any Subsidiary that has been designated as such pursuant to Section 2.18 and that has not ceased to be a Borrowing Subsidiary as provided in such Section.
Foreign Subsidiary Holdco any Domestic Subsidiary that has no material assets other than the Capital Stock of one or more Foreign Subsidiaries, and other assets relating to an ownership interest in any such Capital Stock.
CFC means a “controlled foreign corporation” within the meaning of Section 957 of the Code.